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Search Results 0 to 49 of about 143 (some duplicates have been removed)
gwen: the ping-pong economy, the new immigration fight and chuck hagel's not so good day. tonight on "washington week." wall street and the housing sector are rebounding but job growth is stagnant, consumer confidence shaky. what's up with the economy? in washington, bipartisanship roars back. >> for the first time ever, there's more political risk in opposing immigration reform than in supporting it. >> the issue of immigration is not a simple one but i think we have the opportunity to do it right and -- gwen: will immigration reform finally happen? and chuck hague 's rocky confirmation hearing. >> please answer the question. were you correct or incorrect when you said that the surge would be the most dangerous foreign policy blunder since vietnam? yes or no? >> my reference to -- >> are you going to answer the question senator hagel? the question ask were you right or wrong? gwen: the president's pentagon choice finds hit -- his worst enemies in his own party. covering the week, david wessel of "the wall street journal." vaughn johnson of national joran. kirn tumulty of the nati
. the u.s. economy is a puzzling thing. today it added 157,000 jobs but the unemployment rate kicked up to 7.9%. also today the dow industrial average closed above 14,000 for the first time in five years, yet the government reported this week that the economy contracted in the fourth quarter of last year for the first time since 2009. so as congress agrees to delay a showdown over the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming back. on the other hand the economy took a pause at the end of last year? unemployment is very high, 7.9%. among men between 25 and 54 one out of six is not working. so i think when you cut through all this what do you see? well, the stock market is going like this and the economy is going like this. that can't last. i c
focused on health care, some thought to the detriment of the economy. is he in danger of making the same mistake twice. >>> later koor, could a piece o equipment from the nfl's past protect players from today. one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ officewith an online package new colincluding: domain name,y! website builder with five pages and basic email just $49.99! that's up to 76 percent below online providers and only at officemax stores! [heart beating] [heartbeat continues] [heartbeat, music playing louder] ♪ i'm feeling better since you know me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. >>> the economy, domestic policy and republican head winds with the hill's a.b. stoddard, former labor secretary elaine chao and mike duffy up next. -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh!
care, some thought to the detriment of the economy. is he in danger of making the same mistake twice. >>> later, could a piece of equipment from the nfl's past protect players from today. -- protect its players today. list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that when you find the job you want you'll be a perfect fit. let's get to work. >>> the economy, domestic policy and republican head winds with the hill's a.b. stoddard, former bush labor secretary elaine chao, former adviser melody barnes and mike duffy of "time" magazine up next. ng a fulltime indoor cat wasn't easy for atti. but he had purina cat chow indoor. he absolutely loved it. and i knew he was getting everything he needed to stay healthy indoors. and after a couple of weeks, i knew we were finally home! [ female announcer ] purina cat chow indoor. and for a delicious way to help maintain a healthy weight, try new purina cat chow healthy weigh
the economy as it did claiming it was fixed and then finding excuses and scapegoats when its premature announcements turn out to be false, i would suspect the economy is doing better than it is today. >> austin is a key member and today a professor of economics at the university of chicago booth coolal school of business. in fairness, this white house spends a lot of time blaming republicans for economic problems. has it gone overboard? perhaps too much politics and not enough policy because we did have an election. >> you know, i thought that was kind of a weird, cheap shot to come from the minority leader. i think the difference between being recovered and being in recovery is pretty different. and that is we're growing at a modest pace. we should be growing faster, but we're about the fastest growth of the advance world. but we still have a long way to go before we're back to where we were prebubble days and prerecession. i think the job's numbers, they were okay. you know, they were about what was expected. we saw over the last year, we've added a little more than 2 million jobs. t
of time will essential double fuel economy up to 54.5 miles per gallon. it does it in a way that collaborates with the automakers themselves in a way that will produce the kind of cars that are safe and effective and perform the way that american consumers want to see. will really provide tremendous benefit. so it's a win for everyone and that i think is my basic message. if you look at on the climate change side, whether we're we ae talking about is over the course of 2012-2025, those vehicles are going to reduce their carbon pollution by 6 billion metric tons. we're talking about 12 billion barrels of oil saved. these are numbers that are not to be sneezed at, ladies and gentlemen. these are very large benefits to society. in terms of automakers can we saw the automakers standing up for the president. we saw them touting this initiative because they knew they could be producing cars that were more efficient and that consumers would want to purchase. and on the consumer side, perhaps consumers here are the biggest winners of all. they are going to get cars that again perfor
to the economy. a day after the dow closed above the 14,000 mark for the first time since before the financial crisis. >> we are poised to grow in 2013. and the real signs of progress. home prices are starting to climb again. car sales are at a five-year high. manufacturing is roaring back. our businesses created 2.2 million jobs last year. and we just learned that our economy created more jobs over the last few months than economists originally thought. >> now, former senator scott brown says he will not run on a special senate election in massachusetts. it's a setback. republicans who hope to win the seat vacated by secretary of state john kerry. brown lost hre-election bid to elizabeth warren in november. for more on the response to the milestone week to the dow, let's go to kristen welker at the white house for us. good saturday morning to you. what is the take on the latest economic news, after the rocky start with the negative gdp number? >> good morning, alex. a real mixed bag this week. the white house responding as they typically do, when we get one of these jobs reports or gdp report
's economy. david cay johnston on today's troubling gdp report. >>> bobby jindal breaks his own rule. >> we've got to stop being the stupid party. >> find out how the poor in his state are about to start suffering on friday. >>> and brand-new polling proves again that we're living in a center-left country. tonight i'll tell you why it's up to one person to keep it that way. good to have you with us tonight, folks. thanks for watching. an emotional scene on capitol hill today. former congresswoman gabrielle giffords returned to congress for a senate hearing on gun violence. two years ago, giffords was shot in the head during a shooting spree that killed six people in tucson, arizona. the 71 words gifford spoke today did not come easy for her. but her message is one every american needs to hear. >> thank you for inviting me. here today. this is an important conversation for our children, for our communities, for democrats and republicans. speaking is difficult, but i need to say something important. violence is a big problem. too many children are dying. too many children. we must do somethin
in the technology industry where it was mentioned that between 2010 2010-2020, the american economy will annually create more than 120,000 additional computer or science jobs that were require at least a bachelors degree. that's just mention one aspect of this. this is great news for many of our computer science students. and for joy that is the end of the good news. each year only about 40,000 american students receive bachelor degrees in computer science. in other words, there are approximately 80,000 new computer science positions every year in the united states cannot be filled by available american workforce positions. and i have positions that need to be filled so that our technology industry can continue to thrive. simply put, u.s. based companies have a great need for those trained in the science, technology, engineering and math fields. but at least right now there are not enough americans trained and ready to fill these jobs. we cannot continue to simply hope that american companies do not move operations to countries where they have greater access for individuals trained in these s.t.e
to bring down the debt. not just as a share of economy, but overall. you're right. it doesn't bring down the debt. at all. mr. speaker, that's the conflict that we face here as a people, as a country, not as republicans, not as democrats, but as a people. on the one hand, what our politicians are saying is we're going to use the money to pay down our debt. but what the reality is is that proposers are coming out today that never, ever, ever pay down a penny of debt. now, mr. speaker, if you want to see that for yourself, you can look. the president's budget each year is posted online, on the o.m.b. website. the first one he submitted, i hold the cover page here, was called a new era of responsibility. it was the first budget that the president ever submitted. but as i go through that budget, mr. speaker, what i see is projects -- proximates for 2020, for 20 -- projections for 2020, for 2030, for 2040, for 260 and for 2080 -- 20 of 6 -- 2060 and for 2080. you hear that, you have children. 2020, 2030, 2040, 2060 and 2080. and in each one of those years, according to the president's budget,
a new set of challenges after the commerce department reported yesterday that the nation's economy shrank for the first time since the great recession. >> how did that happen? >> well, government data shows the gross domestic product contracted at a .1% rate in the fourth quarter of 2012. it was the first decline since 2009. it put the white house on the defensive after months of touting steady job growth. >> there's more work to do, and our economy is facing a major headwind which goes to your point, and that's republicans in congress. talk about letting the sequester kick in, as though that were an acceptable thing belies where republicans were on this issue not that long ago, and it makes clear, again, that this is political brinksmanship of the kind that results in one primary victim, and that's american taxpayers, the american middle class. >> okay. what do you think is going on there, joe? >> i think what's going on is that we have spent more money as a government over the past four years than we have in the history of the republic. added $6 trillion in debt. and we have just
of cyber warfare just became more real for a lot of americans. >>> mixed signals in the american economy. wall street closes out its best january in almost 20 years. but what about the other indicators that we're headed for more trouble. >>> and breaking her silence. beyonce shows up in new orleans, and in the process delivers what one reporter called the first in your face moment of the super bowl. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. the people at the brady campaign to prevent gun violence, the people who also compile the numbers, tell us that so far today, 203 people have been shot in this country. that's just today, and just as of 6:00 p.m. eastern time. among the shootings, kauffman, texas, an assistant district attorney gunned down and killed outside the courthouse where he worked. lincoln, nebraska. a man shot while in his apartment building after two armed men burst in. atlanta, georgia. a 14-year-old student shot in the head at price middle school this afternoon, one person
as we expected. >> the economy is tanking. >> remember the shovel-ready jobs that weren't shovel ready. >> shovel ready was not as shovel ready as we expected. >> we have had four years of the obama economy. it hasn't worked. >> it's been tanking for four years. >> the worst the jobs council did was very helpful. >> the jobs council that didn't embrace the president's jobs program is when you have to say, what are they up to. >> jobs council -- >> a number of ideas was acted on by this administration. as part of the president's overall commitment to job creation and economic growth. >> shovel ready was not as ready as shovel ready as we expected. >> as it turns out he had a whole bunch of business people that were trying to be good enough to get a food goodies from the president. >> you are more concerned with meetings than progress. >> there haven't been the recovery. now, we have the fourth quarter where the economy shrank. it contracted. >> greta: now what? ron johnson joins us, republican senator. i may be one of the few that it's not a big deal because i thought it was a silly pho
bad numbers coming out of the economy. >> i spent a lot of time in trading pits. i knew, when the news is bad, but you look and see the dow jones, up 70 points on its own trajectory. >> that's right. >> leavet it there. >> thank you. >> a different type of labor pain, involving uni, the new york city school teacher is on track to collect $1 million for basically doing no work at all. she got kicked out of the classroom in 1999, after confessing to sexually harassing his students. his punishment, an $85,000 a year rubber room, where unfit teachers go to avoid students. this is a loophole. is it fair? $85 grapped -- why can't we fire him? >> nice work if you can get tright? because of one word -- tenure. he can't be fired because he's a tenured teacher, when they misbehave, they go in the rubber room -- we are not supposed to call it a rubber room because they do have to do administrative duties. we are paying him $85,000 -- >> rubber room is offensive? >> apparently, apparently. it must be. so he gets to stay there now. he will earn almost $1 million by the end of this year, doing nothi
if the government is hurting the economy and keeping people from being enthusiastic or excited because of all the milestones with the debt ceiling and next up sequestration. >> i think that's exactly right. you see that for the gdp numbers, for example. fourth quarter gdp numbers down and in large part because of government spending. redust in the military spending because of the draw down in the war but government spending does help the economy. >> right. >> clear that's been the case looking, for example, at great britain. they're in the double-dip recession right now doing the same austerity measures republicans oppose and we have had 6.1 million new jobs added in this economy and i think that the problems are we have to invest in education, make sure people have opportunities and make sure that the government doesn't pull back right now. >> what we also know is there are republicans who still strongly say and assert that the stimulus did not work and they do not believe in exactly what you just said. >> economists, the majority of those interviewed by "wall street journal" believes the st
support this plan say reform is good for elections and the economy. >> reform is critical to the nation's economy. the reality is that even in a very tight economy, there are all types of industries in our country which have used the work of immigrants every day to achieve the economic goals of those industries. >> the vast majority of americans believe that we need to have a legal immigration system that works an we have no is not a 21st century legal immigration system. >> reporter: the house is working on its own version of immigration reform. however, many democratic leaders say they're not quite as far along as the senate and of course they have their own critics, many of them republican members of the house who are concerned about money and whether or not the money will go towards securing our boarders. we'll have much more -- our borders. we'll have much more coming up in the half-hour. >> thanks, delia, live on capitol hill this morning. >>> in the last year border patrol agents have been dealing with more people trying to come to the country illegal. in 2012 agents made more th
enforcement in the 1970's, the men and women in the academy and then when they are out of the economy, the men and women are retrained on a monthly basis. they go to training. they go to the gun range. they are marksman. we have men and women that never pulled a service revolver. there has to be -- we do have gun-control in california. i do believe it does help, it really does help. i commend our senators and our president. newtown is a tragedy, a travesty. i have a granddaughter and there are young children who are our relatives. it does not make a difference. it could be young or old. we had a gentleman -- or rather a murderer from orange county, riverside county rather, the law enforcement gathered together. they were very emboldened and the economy in san diego. it tooks swap teams probably seven hours to get this man out. he had broken into a house and stole 30 guns, besides being a wanted murder. they did get him. i am proud of our men and women here in california. host: one more question. if the congress could do one thing, what would you like to see them do? caller: i would like to see
to cover the super bowl this sunday, but we start tonight with the economy. it took nearly five years but the dow is back above 14,000, a symbolic end to the worst economic crisis since the great depression. back in october of 2007 the dow hit an all time high of 14,164 and then the bottom fell out. by march of' 099, that key measure of america's economic health had fallen to 6,547. today the dow gained 149 points to close at 14,009. the market was giving a thumbs up to the latest jobs report. while unemployment did tick up a tenth of a point to 7.9%, a separate survey of employers shows that they added 157,000 new jobs. but is the stock market's big gain a sign of economic health or is it a wall street fever? here's anthony mason. >> reporter: super bowl souvenirs are rolling off the line in a hurry at win craft, the sports collectibles company if winnow ma, minnesota. super bowl sunday is big business here. president john killen says the company just had a strong sales year. >> it actually grew our employment base to about 50 people up from about 500. the sales jobs, accounting jobs
economy has been building the space program. two earlier launches failed, two others were aborted. last month north korea successfully launched a rocket as well. white house called the launch a cover. test ban to missile technology. >>> next week back in this country the state department will hold a welcoming ceremony for john kerry. he has been confirmed as the next secretary of state. the vote was 94-3 and john kerry was there. he could be sworn in as early as friday. no official date has been set. the governor of massachusetts says he will appoint a temporary successor to fill kerry's u.s. senate seat. >>> just about 45 minutes from now the senate will hold its first committee hearing on gun violence since the newtown school shooting. kyla campbell is live in our washington, d.c. newsroom. we are hearing gabrielle giffords will be a witness this morning. >> reporter: giffords is expected to give an opening statement but she won't be taking questions from the senate panel. several gun safety advocates are testifying today including giffords husband mark kelly. in the two years since s
't come back in. dealing with that is a critical component. >> that's a part of it. this economy cannot function without people to do the jobs americans won't do. >> quickly, with that said, we would be fooling ourselves this morning if we didn't look at this immigration debate and understand there might not be a tinge of the gun debate involved where you have people in new york and people in washington and people at the networks and national newspapers all supporting this and even a lot of the leaders inside washington d.c. where the rest of america is a bit more wary and skeptical. if you don't believe that, go to the conservative websites, the national review, go to several others. the "wall street journal" says it is a promising framework and i think it is. there are a lot of conservative outlets that have yet to weigh in on this aggressively. they will start that now. the phone calls will start the congressional offices and just like the gun debate, you will have people energized who want this bill killed and congress will get 10-1 calls against this immigration bill and they have
say the says holding back the economy, the federal reserve is holding back the economy. >> steve liesman will be along at 7:30 eastern. i don't think he would buy into that. we will be here with the release of cnbc's exclusive fed survey. and from the better late than never file, the senate has approved the long delayed $50.5 billion aid package for the vikt manies of superstorm sandy. the approval comes three months after the storm ravaged the east coast destroying thousands of homes and is business in new york and connecticut and new jersey. nine republicans joined democrats in voting yes on the measure. now president obama must sign it into law, which he is expected to do. senate leaders held up the aid and for wrangling' over the new rules, filibusters and some pork in there and all kinds of stuff. andrew asked me today -- i love this. is it okay to wear a jacket? it's fine to wear a jacket when you want to because of -- he goes, look, this shirt needs a jacket. that begs the question, where do you wear a shirt that needs a jacket to cover it up? >> because it's a different l
's not as if latinos say immigration is my top issue, the economy is their top issue. if they don't do this, republicans could make themselves the minority party for the next generation. >> two things, one is this is not -- we're not going to deport the people who are already here. we're not actually going to reverse this. the fact of immigration is going to happen, the question about what we'll do about border control, some of that in these proposals but in any case that's almost a separate issue. one is regularizing the status of people here, basically making them legal, bringing them under labor law, all of that, how could you really be against that? it's, you know, got to be good for everybody to do that. the republican party has a problem. the leadership understands that they cannot -- they're doomed if they are only the party of old white people, to put it bluntly. the problem is their base is old white people, and so the rank and file, which answers to base, which doesn't fear democrats but does fear tea party challengers may not go along, but this is clearly -- there's no possible -
out the bubbly just yet. we got word the economy shrunk for the first time in 3 1/2 years. stuart varney will make sense of all this. he is anchor of "varney & company" on the fox business network. stuart, what do you make of that. >> it is not always true that economic performance is directly mirrored on the stock market. in fact you have a classic example today. let me start with the very dismal news on the economy. in the last three months of last year, our economy shrunk, contracted at annualized rate of .1%. back then we were staring tax increases in the face. there was the fiscal cliff coming right at us. consumer sentiment was in a tailspin. and weak holiday sales. add it all up, and you have got a contraction of the economy at the end of last year. okay? you've got a contraction. right now, just a few short weeks later, what you've got is a near-record high for the stock market. the dow is closing in on an all-time high. that is because the housing market is recovering. that is still true, despite the slippage in the economy. housing is recovering. most important, ben bern
endured white knuckle days the economy tanking, debating along the way, should i keep my money in? do i take it out? dave ramsey travels across the country giving financial advice, he has 5 million radio listeners a week, a giant voice urging boomers near the bottom of the market -- telling them keep their money in. a lot of people think if they take it out they can time the market. >> we were standing in the street corners screaming when everything was going down, don't pull your money out, the only person that gets hurt on a roller coaster are those that jump off. >> reporter: a study says two-thirds of americans plan to delay retirement, rosemary just retired when the market began to drop. she stayed the course on on track, now giving tips to other boomers. but the advice her husband dividend, keeping their 401(k)s. >> he wanted to pull everything out, i hoped it would come back, we decided to leave it there and hope it would come back. >> reporter: who was right? >> theoretically i was, but it's come back about 75%. >> reporter: and look at this tonight, our business unit crunching
there was strength in construction, manufacturing, and retail hiring. the labor department also said the economy added 422,000 more jobs last year than first reported. that upped the average monthly job growth in 2012 from 153,000 to 181,000. but the economy is facing new head winds with the payroll tax rising again from 4.2% to 6.2%. how much impact do you think the payroll tax hike is going to have on growth? >> consumers are faced with a drop in real disposable income of more than 2% in the first quarter. that's going to impact spending. that's going to shave at least a percentage point off of g.d.p. growth. >> reporter: and slower growth of course, means less hiring. but many economists believe that will only be a temporary setback to the economy while people adjust, scott. >> pelley: anthony, one of the worst problems in unemployment has been long-term unemployment. have we made a dent in that? >> reporter: scott, there are still 4.7 million people out there who are out of work more than six months, but this is encouraging. the average length a person is unemployed has dropped to 35.3 weeks
to turn around that state's economy. when it comes to the issue the health care, the governor is going head to head with the president. >>gretchen: brian met up with the governor down in baton rouge. what did you find out, brian? >>brian: it was ironic yesterday. governor jindal is talking about knocking taxes down to zero for the people in louisiana. watch. >> since i've been governor, for example, we've got 17,000 fewer government jobs, government positions. we've got now our state budget is 26% smaller. i made it absolutely clear we're not going to raise taxes, but look at what's happened. per capita income, our sri lanka hiren -- our rank is higher than 80 years. for five years in a row we've had more people move into the state rather than leave the state. >>brian: phil mickelson deserves credit by bringing this front and center. i'll paraphrase. i'm giving away 60% of my income. you are looking to do what california is not. that is knock their state tax down to zero. how do you make up that revenue if you want to join florida and texas? >> in louisiana, we've got the fourth-lowest
Search Results 0 to 49 of about 143 (some duplicates have been removed)